AEX closes 0.64% lower at 1,137.8 points as chip stocks weigh

The AEX gave back part of its strong advance from the previous session on Thursday, November 12, 2026. The Dutch benchmark closed at 1,137.8 points, a decline of 0.64 percent from Wednesday's close of 1,145.14 points. The figures were reported by Boursee.

Chip stocks weigh on Amsterdam

The main pressure came from Amsterdam-listed semiconductor companies. Boursee identified ASML as the session's most prominent mover, reporting a decline of 2.84 percent to 1,364.00 euro. The weakness followed a sharp rebound in the previous session, when the AEX had reached a new closing high near its record level.

Market sentiment was also affected by renewed uncertainty surrounding Nvidia chief executive Jensen Huang. la Repubblica reported that the AEX was under pressure during the session while ASML and BE Semiconductor declined amid concerns about Nvidia's leadership. The report also described weaker US equity futures and renewed selling in Nvidia shares.

Broader market signals

The setback came despite a mixed backdrop for European markets. Boursee reported that Brent crude rose 0.98 percent to 93.67 US dollars per barrel, while gold fell 2.49 percent to 3,900.70 US dollars. Those moves kept inflation, input costs and interest-rate expectations in focus, although they did not prevent the AEX's technology-heavy composition from underperforming.

For investors, Thursday's move illustrates the index's sensitivity to a small group of globally exposed technology and semiconductor companies. The decline followed a 1.12 percent gain in the prior session, so the latest close represents a partial retracement rather than a reversal of the week's recovery. The next session will show whether pressure on chip stocks persists or whether the sector resumes its earlier rebound. Further AEX coverage is available on the AEX topic page.